China adjusts import-export tariff 2021

The Tariff Commission of the State Council issued a notice that the provisional import tariff rate lower than the MFN rate will be implemented for 883 commodities from January 1, 2021; and the provisional import tariff rate of 9 information technology products will be cancelled from July 1, 2021. The most favored nation tax rate of information technology products listed in the schedule of the amendment to the tariff schedule of the people’s Republic of China’s accession to the world trade organization will be reduced in the sixth step from July 1, 2021. Since January 1, 2021, the tariff ratesRead More →

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